Correction is over?

21 August 2015, USD/JPY

The break down, which was expected by us, has happened, thereby finishing the formation of the wave b of [5].

Now, in the future we may expect resumption of growth within the frames of development of the final diagonal triangle, but to be more confident, we should wait for the first micropulse upward waves.

Only after that we may try to open long positions with the target on the upper border on the forming diagonal.

 The correction is completed?

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
We will be pleased to answer any questions you may have


Get bonus